Connacher Oil & Gas Ltd CLLZF

RE: What kind of netbacks are you talking on SAGD

[strzelin]

So far the 2007 average bitumen price in Alberta is $39. With upstream cost for SAGD process at the end of 2006 about $10(cost will go up 10% for 2007/2008), downstream cost $2 to $4 ,CLL can generate $25/bbl of bitumen minus the royalties. And synthetic oil is not the Dill-bit as suggested by jr44/oilbent.